2-bed · 2,343 sqftThe Polo Residences E5, Meydan City · 4th floor · completed 2017

401, The Polo Residences E5

Sold prices and rental history: sold once, by the developer in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 6 May 2019
Last soldAED 1.55M6 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Polo Residences E5

What is 401 worth today?

Last sold for AED 1,550,000 in 2019

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6 May 2019Sold by developerReady
AED 1,550,000AED 661 per sqft

Source: Dubai Land Department. Updated 6 May 2019.

Key facts

Type
2-bed apartment
Size
2,343 sqft
Floor
4th of 4
Parking
G-27
Developer
IGO Property Development
Completed
2017
Service charge
AED 44,700 /yr
Last sold
AED 1.55M · May 2019

About 401, The Polo Residences E5

401 is a two-bedroom apartment of 2,343 sqft on the 4th floor of The Polo Residences E5, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. The developer sold it on 6 May 2019 for AED 1,550,000, or AED 661 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in The Polo Residences E5
1.6M1.8M2017201920212023Typical sale price by year: 2017 AED 1,596,200; 2018 AED 1,744,509; 2022 AED 1,800,000Sold by developer, May 2019: AED 1,550,000 (AED 661 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in The Polo Residences E5
80K83K85K202020212022Typical rent by year: 2020 AED 80,000; 2021 AED 85,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Polo Residences E5, and where 401 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
28 Mar 20252,370,000
25 Jun 20241,885,000
11 Sep 20232,070,000
22 Mar 20231,575,000
0 2-bed sales in the last 12 months

The Polo Residences E5

Building

27 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,534
Typical sale
AED 1.23M
Typical rent
AED 85K /yr
Typical yield
6.2%
The Polo Residences E5, Meydan City: prices, sales and rents →

Other units on the 4th floor

All 27 units in The Polo Residences E5
Value
4022-bedAED 2.28M · Oct 2022
4032-bedAED 2.13M · Feb 2017

401, The Polo Residences E5 in numbers

  • Sold once: by IGO Property Development on 6 May 2019 for AED 1,550,000, or AED 661 per sqft.

Source: Dubai Land Department. Updated 6 May 2019.

Questions about 401, The Polo Residences E5

What did unit 401 last sell for?

AED 1,550,000 on 6 May 2019, sold by the developer: AED 661 per sqft for 2,343 sqft. It is the only registered sale of the unit.

How big is unit 401?

2,343 sqft (217.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2017.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 401, The Polo Residences E5

Starts from the last sale price (AED 1.55M, 6 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →